DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 4244

A new French bill requires influencers to disclose use of filters, photoshop; we need this law in Nigeria.

0

In France, a new bill has just been passed by the French parliament waiting to be assented to into law by the French executives. The bill in its summary requires social media beauty/wellness products influencers to fully disclose the use of filters in their video or picture posts and also disclose to the public if the picture or video they posted was natural or edited or photoshopped while promoting a beauty product. They are as well legally expected to be honest about whether they have tested and used the product they are promoting or influencing as a social media public figure or influencer. 

This law has taken this form of full disclosure outside the realm of morality to the jurisdiction of legality; now you as an influencer (when the bill is assented to) are legally bound to let your followers and the general public to know if the picture you posted is natural or edited or photoshopped, failure to do that you risk going to jail. 

This bill also aimed at regulating the use of filters and photo-editing software by social media influencers and as well curtailing the lies, bluffs or wild claims by beauty promoters on social media who lie about products and deceive their gullible followers in order to promote or sell the product.

A law like this is more important in the Nigerian social media space today because there is a whole new level of fraud and criminality going on in the Nigerian social media space in the guise of influencing. Product influencers who are mostly celebrities and popular figures in Nigeria always promote products which they do not use and have never used and tell lies about the efficacy of those products. 

We have seen cases of teeth-whitening product influencers who were caught red-handed that they never used the teeth-whitening product they are influencing, rather they used filters and editing apps to whiten their teeth claiming that their teeth got Whitened due to the efficacy of the product. Acts like this have transcended the realm of morality, it should be criminalized. It is fraud to promote a product that you have never used or know if it’s efficient or even safe for consumers and you to lie about it and deceive your followers and those that take you by your words only for them to end up getting scammed and defrauded. 

Body whitening creams and soaps, butt, breast and penis enlargement products and aphrodisiac (kayamata) influencers are all guilty as well of this fraud. It’s been found out that 99% of the influencers who influence body whitening creams and soaps only use filters to edit their pictures and videos so as to have clear and smooth skin in order to lie and claim that it is the efficacy of the products that are working miracles on their bodies.

All ye influencers who engage in acts like these, you are a thief and a fraudster and I’m sure that other countries especially Nigeria will learn one or two from the French parliament so as to pass a bill as well criminalizing acts of this nature.

The easiest way to sell fraud to Nigerians now is through social media influencers; crypto fraudsters and Ponzi schemes always explored this avenue so well to defraud huge sums off gullible Nigerians, this is because there are yet to be strict regulations or legislations on social media influencing and advertising, unlike the mainstream media where there are heavy regulations and plethora legislations on advertising. 

Division of properties amongst couples during divorce in Nigeria.

0

In divorce proceedings, the two most focal bones of contention amongst the couples are the custody /maintenance of children and the issue of division and settlement of properties, especially jointly owned properties. Who gets what is always one of the major issues tabled before the court during divorces, especially among rich and celebrity couples.

The general rule in the division and separation of properties amongst couples during divorce is that every property acquired by each of the couples is to be added together and they are to be splitted amongst them equally. It does not matter if one of the spouses was the sole breadwinner in the marriage whilst the other spouse is a sit-at-home mom or dad; whatever property purchased whilst the marriage subsist is presumed to be jointly purchased and jointly owned by the couples hence why the properties are to be collated and share amongst them equally. 

Every property acquired during the marriage including real estate, money at hand or in the bank accounts or stocks/bonds or chattels like clothes, shoes, Jewelries, house decorations, bags, (even up to) toothbrushes are presumed to be marital properties; jointly owned and are to be collected/collated together and shared equally amongst the couples in the event of divorce. 

It is important to note that in some jurisdictions, marital properties are properties acquired from the day the marriage was entered up till the day the divorce pronouncement was made by the court; ie properties acquired even while you are already separated from the spouse but yet to be officially divorced are still presumed to be marital properties and jointly owned but in some other jurisdictions, marital properties ends when you have separated although haven’t divorced yet. 

You should know that the trick to put an asset or a bank account where you deposit your earnings during your marriage in your name alone will not disqualify such asset from being considered marital property but there are some instances where a spouse or the court can let one spouse keep a property and not to be splitted even though the property was gotten during the marriage; this property may include a property that is of sentimental value to one spouse. 

The legal strategy where a couple in the event of divorce can keep some of the properties or assets he/she acquired during the marriage separate and personal is through a prenuptial or post-nuptial contract. This kind of agreement to keep some properties separate is to be entered in writing for it to be valid and enforceable in law.

Other forms of properties that may be kept separate although maybe gotten or acquired during the marriage include; 

  1. gifts or inheritances that one spouse received, either before or during the marriage
  2. the portion of certain personal injury awards meant to compensate for the injured spouse’s pain and suffering. 

All property that a spouse pre-owned before entering into the marriage is presumed to be personal and separate property belonging to just that one spouse unless the couples agreed that every personal property that a spouse acquired before the marriage is to become a joint property once they have entered into the marriage. Another way a separate property can become or turn into a spousal joint property is if a separate property gets mixed up or comingled into the joint property; for instance, if the money in a spouse’s separate joint account is transferred into the couples’ joint account, every money in the couples’ joint account is then presumed to be jointly owned. 

Therefore, ownership of the spouses’ personal/ separate property after the divorce will depend on whether the assets are considered one spouse’s separate property or the couples’ marital property.

In the division of marital or joint properties during divorce, there  are basically two different methods applied by the family courts and they are; 

  1. equitable distribution
  2. community property distribution.

In Equitable distribution, the judge will divide all of the couple’s marital property (and allocate their marital debts) based on the judge’s decision as to what is fair, equitable and just to both spouses. The division of the marital properties is based solely on the judge’s discretion as to what is equitable and fair and not on what the couples want. In forming this discretion, the judge considers who shoulders higher responsibilities like keeping custody and maintenance of the children. A parent that keeps the custody and maintenance of the children is definitely going to be giving the lion’s share of the marital property; that according to the judge will be equitable, fair and just to both couples. Whereas, in the community distribution method as has been adopted by some jurisdictions, marital properties are to be divided equally amongst the couples equally i.e. on a 50-50 basis. An equal division of a couple’s community property (and debts) when they divorced.

In conclusion, marriage is a contract and should therefore be treated as such especially in Nigeria so as to avoid some unforeseen bickering and ripping off.  The legal way to protect your separate properties before marriage or even other properties acquired during the marriage is through a legal contract known as a prenuptial agreement but if you skipped getting a prenuptial agreement, a postnuptial agreement may come to your legal rescue. 

Bakkt Acquires Apex Crypto, SEC-Ripple Case a Nailbiter, Signuptoken.com in Pursuit of 1M Users

0

There has been a lot happening in crypto news recently concerning bear markets and regulations, especially with the banking crisis and the SEC vs. Ripple case, but there have also been some key events that aim to broaden the future of cryptocurrency.

Development is essential for the success of fintech and crypto companies, and as such, many mergers, acquisitions, and partnerships are necessary to facilitate growth and enhance the success of these companies.

Recently, digital asset platform Bakkt and Fintech platform Apex have signed an acquisition agreement that aims to enhance the product offering of Bakkt and allows it to expand its reach into other client areas. In addition, Signuptoken.com has been rapidly growing and is getting closer to its goal of a million subscribers.

Bakkt Meets Apex

Bakkt is a digital asset platform that provides crypto to clients and drives loyalty intending to create exceptional experiences for a broad range of clients. Apex Crypto is the platform for integrated crypto trading and facilitates more than 30 fintech companies and their customers.

The acquisition is designed to expand the client base of Bakkt into fintech, trading app platforms, and neo banks, whilst also enhancing the product offering of the company. Both companies will enter an agreement that stipulates Bakkt will have access to all of Apex Solution’s more than 220 clients and Apex is responsible for delivering Bakkt’s service to them.

The final cost of the deal was $200 million, of which $55 million was paid in cash upon closing the deal, and up to $45 million was paid in Bakkt stock. An additional $100 million will be paid in Bakkt stock and seller notes, but this is dependent on the performance of the business and if it meets its financial targets.

Altogether, this acquisition has set in motion a lot of new opportunities for the companies that are under Apex and Bakkt.

SEC vs. Ripple Continues to Make Waves

The most nail-biting story in crypto news recently has been the SEC vs. Ripple case wherein the Commission filed a lawsuit against the company because they allegedly traded tokens as an unlicensed security to the US and international investors. According to the SEC, any firm that trades as a security must be registered with them and must publicly disclose financial information.

Ripple had undergone the Howey Test and it was concluded by the SEC that Ripple is, in fact, a security. However, Ripple argues that XRP is merely a tool that facilitates international payments and not an unregistered investment product, therefore the SEC has no jurisdiction over them.

The cases seem to be going in favor of Ripple as they state that they did not know the XRP token could be categorized as a security. They argue that, because the SEC did not notify the company of its intentions before filing the suit, Ripple did not have fair notice to rectify the situation.

If the result is in favor of Ripple, it will gain legitimacy in the US market and its price will significantly increase as more investors become accustomed to it. However, a loss will cripple the token as now it will be regulated by an authority and will give the SEC full ground to go after much larger crypto projects.

Signuptoken.com Rapidly Growing

Signuptoken.com is the latest crypto option that is soon to hit the market and it is surprising all investors not only through its easy signup process but also through the speed at which it is growing. Signuptoken.com requires no presale and gives users the simplest way to signup – you only need to use your email address.

In two weeks, the platform has grown from 1,000 to over 3,000, which is a very strong indication of the users’ excitement about the lucrative nature of the token. The platform aims to build a following of 1 million users, which will subsequently create a clan of 1 million millionaires.

The token is not affected by the volatility and unpredictable nature of the regular crypto market so users can afford to believe that their investment is secure until they are ready to receive it.

Here is an opportunity to join the exclusive millionaires club by simply registering with your email. Sign up now and be among the first to get notified when Signuptoken.com goes live.

Final Thought

The fintech and cryptocurrency industry is rapidly growing and will soon become a lot more mainstream than it already is.

Although it is still facing significant teething issues concerning legalities and usage, there will come a time when there will be a lot of adjustments in the market and a subsequent elimination or dissolving of current processes and industries.

Acquisitions, partnerships, and mergers are necessary in ensuring that the growth of the industry is sustainable.

 

For More Info on Signuptoken.com:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken

Bull Run 2023: Big Eyes Coin will Look to Fight it Out with Shiba Inu and Floki Inu

0

The world of meme coins has exploded in recent years, with Dogecoin leading the way in 2021. Since then, several other coins, including Shiba Inu and Floki Inu, have emerged as Dogecoin killers, attracting millions of investors worldwide. However, with the launch of Big Eyes Coin, the question arises whether it has the potential to become a Shiba Inu killer or a Floki Inu killer.

In this article, we will examine the communities involved with these projects and analyse whether Floki Inu has a chance to rival Shiba Inu. We will also look at Big Eyes Coin as a viable investment for the 2023/2024 bull market.

Shiba Inu: “The Dogecoin Killer”

Shiba Inu, a Dogecoin-inspired cryptocurrency, was launched in August 2020. It has since gained immense popularity, with its market capitalisation reaching $10 billion at one point.

Shiba Inu’s community is known for its passionate support, with social media platforms like Reddit and Twitter filled with discussions about the coin’s potential. The community has also organised various events, including donations to animal shelters, to support their beloved Shiba Inu.

Can P2E Be the Winning Formula For Floki Inu?

Floki Inu, named after Elon Musk’s pet Shiba Inu, was launched in June 2021. It aims to become the next big meme coin, just like Shiba Inu. The Floki Inu community is similar to Shiba Inu’s, with active engagement on social media and online forums.

Floki Inu has partnered with several high-profile influencers, including Lil Yachty, to promote its coin. The coin’s price has seen significant fluctuations, with its value dropping by 90% at one point.

Floki Inu already has its ecosystem up and running. The main component of the ecosystem is Valhalla, the network’s P2E platform. The platform will provide the growth thrust of Floki Inu and can drive revenue for its community.

Big Eyes Look to Upset Meme Coin Top Dogs

Big Eyes Coin is the attest token to join the meme coin bandwagon. The token is set to launch on June 3rd. The project is built around its community. The coin will derive its value from its community’s support.

What sets Big Eyes Coin apart from other meme coins is the project’s focus on being a token of utility. The Big Eyes Crew is going all in on building an ecosystem that can support DApps and DeFi projects. Once up and running, the ecosystem will make Big Eyes a serious player in the crypto space, not just the meme coin space.

The cat crew is also making history with its presale haul of $33 million. There are also attractive ‘Loot Boxes’ on offer, with the latest one, the END300, offering investors 300% more BIG tokens on their original purchase. The coin has set its sight on the moon, and the cat crew will likely reach there.

The Tail End

In conclusion, both Shiba Inu and Floki Inu have passionate communities that have propelled their success. However, with the launch of Big Eyes Coin, a new player has entered the market, offering a fresh approach to the meme coin concept. Its focus on the ecosystem and community sets it apart from other coins, potentially attracting a new segment of investors.

While it is still in prelaunch, Big Eyes Coin has garnered significant interest and has the potential to become a viable investment option for the 2023/2024 bull market. As the cryptocurrency market continues to evolve, it will be interesting to see how these coins and their communities fare in the coming years.

If you are a meme coin lover or someone looking for the next meme coin explosion, be sure to keep an eye on Big Eyes Coin. With its community-centred token, it has the potential to become a viable investment option in the coming years.

Find out more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/
Website
: https://bigeyes.space/
Telegram
: https://t.me/BIGEYESOFFICIAL

OKX and Cooper’s ClearLoop Collab and Signuptoken.com Use Modernisation to Benefit Traders

0

The current global financial conditions have been unsettling for investors, leading some to shy away from blockchain technology. However, exchange platforms are now adopting a new approach to safeguard investors from negative financial speculation and volatility in the cryptocurrency market.

This has led to the adoption of innovation in the industry, as demonstrated by the recent partnership between OKX and Cooper’s ClearLoop platform, and the launch of Signuptoken.com.

Partnership Between OKX and Cooper’s ClearLoop Platform

On Monday, OKX and Cooper’s ClearLoop platform announced a new collaboration that would benefit their institutional clients. The partnership would allow clients to keep assets within the exchange platform’s infrastructure, greatly reducing counterparty risk while providing increased transparency and control over assets. This new approach to off-exchange settlement solutions offers traders more secure ways to keep their digital assets safe.

Signuptoken.com Launches Unique Business Model

Signuptoken.com, a new cryptocurrency platform, has adopted a unique business model that offers traders a low-risk, high-reward venture. The platform allows potential users to register their interests using their email, with no initial investment required. Signuptoken.com boasts of their determination to make their clients millionaires after launching on UniSwap. With 3,000 email subscribers already, the platform aims to make Signuptoken.com available at 1 million emails without presale requirements.

Subscribers who have signed up using their email address will receive vital information on Signuptoken.com’s launch date, allowing investors to buy in before anyone else. This provides an advantage to investors, allowing them to get ahead of the curve before demand for crypto rises. This approach is unique to the crypto world, and its success could pave the way for future cryptocurrencies.

Potential Benefits for Traders and Institutional Investors

The current financial banking crises and crypto market volatility may seem discouraging, but the new approaches adopted by exchange institutions and cryptocurrency platforms could be a good sign for investors in blockchain technology. The partnership between OKX and Cooper’s ClearLoop platform is a step in the right direction for the crypto market, providing digital asset traders with diverse methods to hold assets while supplying a gateway to OKX’s markets and trading tools.

BitMart has also announced its use of Cooper’s ClearLoop Network, which would protect their institutional clients’ assets while allowing them to trade on the BitMart exchange securely. With exchange platforms adopting new approaches and partnerships, the crypto market is evolving to offer more secure ways for traders and institutional investors to participate in the industry.

Final Thoughts

As the crypto market evolves and exchange platforms adopt new approaches and partnerships, traders and institutional investors can benefit from more secure ways to hold assets while gaining access to markets and trading tools. Signuptoken.com’s unique business model offers investors a low-risk, high-reward venture, and its success could pave the way for future cryptocurrencies. Despite the current financial and crypto market challenges, the industry continues to innovate, offering new opportunities for investors in blockchain technology.

For More Info:

Website: https://www.signuptoken.com

Twitter: https://twitter.com/_SignUpToken_

Telegram: https://t.me/SignUpToken